9780321522368

Foundations of Economics plus MyEconLab plus eBook 2-semester Student Access Kit

by ;
  • ISBN13:

    9780321522368

  • ISBN10:

    0321522362

  • Edition: 5th
  • Format: Package
  • Copyright: 1/1/2011
  • Publisher: Prentice Hall
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Supplemental Materials

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  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.
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Summary

TO BE UPDATED WITH FINAL TOC KEY MESSAGE:Economics is a subject youlearn by doing.Foundations of Economicsbreaks the mold of a traditional text and becomes a practice-oriented learning system. Each chapter uses a Checklist to focus readers'attention on the most important key concepts. A discrete section introduces each of these core concepts and is immediately followed by a Checkpoint, a full page of practice that applies the concept. The result is a patient, confidence-building approach that prepares readers touseeconomics in their lives, regardless of what their future career will be. Introduction:Getting Started; The U.S. and Global Economies; The Economic Problem; Demand and Supply.A Closer Look at Markets:Elasticities of Demand and Supply; Efficiency and the Fairness of Markets.How Governments Influence the Economy:Markets in Action; Taxes; Global Markets in Action; Externalities; Public Goods and Common Resources.A Closer Look at Decision Makers:Consumer Choice and Demand; Production and Cost. Prices, Profits, and Industry Performance:Perfect Competition; Monopoly; Monopolistic Competition; Oligopoly.Title TK:Demand and Supply in Factor Markets; Uncertainty and Information; Inequality and Poverty.Monitoring the Macroeconomy:GDP and the Standard of Living; The CPI and the Cost of Living; Jobs and Unemployment.The Real Economy:Potential GDP and the Natural Unemployment Rate; Economic Growth; Investment and Saving.The Money Economy:New title TK: Money and the Monetary System / Money Creation and Control;Money, Interest, and Inflation.Economic Fluctuations:AS-AD and the Business Cycle; Aggregate Expenditure; Fiscal and Monetary Policy Effects; The Short-Run Policy Tradeoff; Fiscal and Monetary Policy Debates.The Global Economy:International Finance. For all readers interested in economics.

Table of Contents

Introduction
Getting Started
The U.S. and Global Economies
The Economic Problem
Demand and Supply
A Closer Look at Markets
Elasticities of Demand and Supply
Efficiency and Fairness of Markets
How Governments Influence the Economy
Markets in Action
Taxes
Global Markets in Action
Externalities
Public Goods and Common Resources
A Closer Look at Decision Makers
Consumer Choice and Demand
Production and Cost
Prices, Profits, and Industry Performance
Perfect Competition
Monopoly
Monopolistic Competition
Oligopoly
Incomes, Uncertainty, and Inequality
Demand and Supply in Factor Markets
Uncertainty and Information
Inequality and Poverty
Monitoring the Macroeconomy
GDP and the Standard of Living
The CPI and the Cost of Living
Jobs and Unemployment
The Real Economy
Potential GDP and the Natural Unemployment Rate
Economic Growth
Investment, Saving, and the Real Interest Rate
The Money Economy
The Monetary System
Money, Interest, and Inflation
Economic Fluctuations
AS-AD and the Business Cycle
Aggregate Expenditure
The Short-Run Policy Tradeoff
Macroeconomic Policy
Fiscal Policy
Monetary Policy
International Finance
Table of Contents provided by Publisher. All Rights Reserved.

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